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Custodian Investment (NSA:CUSTODIAN) Cyclically Adjusted Price-to-FCF : 3.94 (As of Jun. 06, 2024)


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What is Custodian Investment Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Custodian Investment's current share price is ₦10.60. Custodian Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was ₦2.69. Custodian Investment's Cyclically Adjusted Price-to-FCF for today is 3.94.

The historical rank and industry rank for Custodian Investment's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NSA:CUSTODIAN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.44   Med: 2.9   Max: 4.03
Current: 3.53

During the past years, Custodian Investment's highest Cyclically Adjusted Price-to-FCF was 4.03. The lowest was 2.44. And the median was 2.90.

NSA:CUSTODIAN's Cyclically Adjusted Price-to-FCF is ranked better than
85.4% of 315 companies
in the Insurance industry
Industry Median: 11.16 vs NSA:CUSTODIAN: 3.53

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Custodian Investment's adjusted free cash flow per share data for the three months ended in Sep. 2023 was ₦0.897. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₦2.69 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Custodian Investment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Custodian Investment's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Custodian Investment Cyclically Adjusted Price-to-FCF Chart

Custodian Investment Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Custodian Investment Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 2.68 2.84 2.84

Competitive Comparison of Custodian Investment's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Custodian Investment's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Custodian Investment's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Custodian Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Custodian Investment's Cyclically Adjusted Price-to-FCF falls into.



Custodian Investment Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Custodian Investment's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.60/2.69
=3.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Custodian Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Custodian Investment's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.897/129.8595*129.8595
=0.897

Current CPI (Sep. 2023) = 129.8595.

Custodian Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.378 100.470 0.489
201606 0.593 101.688 0.757
201609 0.564 101.861 0.719
201612 -0.439 101.863 -0.560
201703 -0.306 102.862 -0.386
201706 0.700 103.349 0.880
201709 0.325 104.136 0.405
201712 -0.106 104.011 -0.132
201803 0.582 105.290 0.718
201806 -0.120 106.317 -0.147
201809 0.043 106.507 0.052
201812 0.880 105.998 1.078
201903 0.356 107.251 0.431
201906 0.411 108.070 0.494
201909 0.323 108.329 0.387
201912 0.499 108.420 0.598
202003 3.615 108.902 4.311
202006 -1.823 108.767 -2.177
202009 0.490 109.815 0.579
202012 5.515 109.897 6.517
202103 3.597 111.754 4.180
202106 -2.083 114.631 -2.360
202109 0.752 115.734 0.844
202112 -3.487 117.630 -3.850
202203 2.929 121.301 3.136
202206 -2.042 125.017 -2.121
202209 1.002 125.227 1.039
202212 0.976 125.222 1.012
202303 0.223 127.348 0.227
202306 2.802 128.729 2.827
202309 0.897 129.860 0.897

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Custodian Investment  (NSA:CUSTODIAN) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Custodian Investment Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Custodian Investment's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Custodian Investment (NSA:CUSTODIAN) Business Description

Traded in Other Exchanges
N/A
Address
16A, Commercial Avenue, Custodian House, P.O. Box 2101, Sabo, Yaba, Lagos, NGA
Custodian Investment PLC is an investment holding company in Nigeria. It operates in five segments. In the Non-life business segment, it offers insurance products like engineering, aviation, marine liability, motor liability, oil and energy, fire, and property for personal and corporate customers. In the Life business segment, it offers life insurance products including annuity, endowment, and investment-oriented products. The pension administration segment includes the administration and management of the retirement benefits of members. Trustees and others segment includes trustee management and corporate services. A vast majority of revenues is received from the non-life business segment within Nigeria.

Custodian Investment (NSA:CUSTODIAN) Headlines

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